H&M Group December sales up 12%

The H&M Group total sales including VAT increased by 10 percent in local currencies in December. Adjusted for calendar effects total sales increased by just above 12 percent.

The total number of stores amounted to 3,176 on 31 December 2013 versus 2,809 on 31 December 2012.

H & M Hennes & Mauritz AB (publ) was founded in Sweden in 1947. The company’s business concept is to offer fashion and quality at the best price. In addition to H&M, the Group includes the brands COS, Monki, Weekday, Cheap Monday, & Other Stories as well as H&M Home. The H&M Group has more than 3,100 stores in 53 markets.